News

On the early morning (Beijing time) of November 4, 2017, ACM Shanghai, invested by USD
Parallel Fund of Beijing Integrated Circuit Design, Packaging and Testing Equity Investment Center (Limited Partnership), is publicly traded in the U.S. on Nasdaq (stock code: ACMR).

ACM (USA) was founded in 1998 in Frement, California, USA, which developed
the world leading copper ultra-low-K interconnects and Ultra SFP technologies,
the prototypes of which were respectively sold to LSI Logic and Intel in 2001
and 2004. ACMR subsequently focused on Asia market, established ACM Shanghai in
2006, and started the R & D of wafer cleaning equipment since October 2007. ACM
Shanghai has applied for more than 300 patents, of which nearly 100
have been licensed. With the passion and persistence in pursuing for technical perfection
and through years of uninterrupted efforts, ACM has become a semiconductor
device manufacturer with leading global technologies, and Hua Capital is lucky to have accompanied and witnessed the birth of such a great
listing company.

This successful listing reflects capital market's
full acknowledgement to ACM's achievements in development and their
full confidence in ACM's future development prospect, of which we feel
very proud. Hua Capital would like to express our hearty
congratulations on ACM's successful listing on NASDAQ, and sincerely
wish it to achieve even greater achievements in the future.

On May 4, 2017, Will Semiconductor Co., Ltd. (stock
code: 603501), invested by Beijing Semiconductor Design and Testing Fund that is
managed by Hua Capita Management Ltd. (abbreviated as “Hua
Capital”), announced its completion of IPO and commencement of dealings
on the Main Board of Shanghai Stock Exchange. Hua
Capital focuses on equity investment in IC and related upstream-downstream
industries, and has invested in a group of growth-type IC enterprises with
leading technical and market positions both at home and abroad. WillSemi, as a
leading domestic semiconductor device design and selling company mainly engaged
in independent R & D and sales service, is an outstanding performer among
these enterprises. The successful listing of Will Semi will enable it to land on
an even greater stage and take a firm step in assisting industrial development
with capital. Hua Capital is lucky to have accompanied and witnessed
the birth of such a great listing company. Hua Capital would like to
express our sincere congratulations on successful listing of Will Semi, and will
continue to give play to our comprehensive professional experience and industry
influence to help the invested enterprises to create and improve values and
integrate enterprise resources, striving to build Will Semi into one leading
enterprise in integrate circuit industry.

At the night of December 1, the A-share listed company Beijing Ingenic (stock
code: 300223) announces that it is proposed to acquire 100% stock rights of
Beijing OmniVision at the price of RMB 12 billion through the way of share
insurance and cash payment respectively; 100% stock rights of Shixinyuan is priced
at RMB 355 million and 40.43% stock rights of SuperPix is priced at RMB 267
million. Meanwhile, Beijing Ingenic is proposed to raise a supporting fund of
no more than RMB 2155 billion from five objects including Liu Qiang
(controlling shareholder) and Employee Stock Ownership Plan etc. Both of
Beijing OmniVision and SuperPix are from the global imaging sensor chip design
field, which will enable Beijing Ingenic to quickly enter CMOS imaging sensor
chip field and make overall arrangement of intelligent system ecosphere.

The real subject behind the target of this acquisition - Beijing
OmniVision (domestic SPV-the platform company established by privatization financial
investor for acquisition of OmniVision Technologies) is the privatized OmniVision
Technologies, which was originally a NASDAQ listed company.

At the beginning of 2016, Hua Capital acquired OmniVision
Technologies together with several other financial investors. The transaction
is the first biggest purchase ever of a foreign semiconductor company, and Hua
Capital will build Ingenic/OmniVision into a true international
semiconductor giant with global competiveness. After completion of this
transaction, the two companies will further cooperate in automotive electronics,
smart home, medical devices and the emerging Internet of Things market, and form
vertical integration in these main markets so as to build the competitive
advantage which the company of single chip product does not own.

Hong Kong – March 30, 2016 - The leading security devices provider for CAMs worldwide and for mPOS in China——SMIT Holdings Limited (stock code: 2239) today commenced dealings on the Main Board of the Stock Exchange of Hong Kong Limited.

SMIT Holdings began its international roadshow on March 16. As the allotment results showed yesterday, the stock was priced at HK$3.78, which was close to the upper limit of its offer price range (HK$3.1-3.88 per share). The estimated net proceeds amounted to HK$251.6 million. Applications for shares under the Hong Kong public offering amounted to approximately 18.51 times of the number of shares initially available for subscription under the Hong Kong public offering, and the international offering was slightly over-subscribed. Investors of SMIT Holdings include Hua Capital, Walden International, Samsung Ventures and etc.

About SMIT Holdings Limited

SMIT Holdings Limited is a leading security devices provider for pay TV broadcasting access worldwide and for mobile point-of-sale, or mPOS, payment systems in China. The Company's main product types are CAMs and mPOS devices. According to Frost & Sullivan, the Company was the largest CAM provider globally by both sales volume and revenue in 2014 and for the first half of 2015. In addition, the Company was the second largest mPOS supplier in China by sales volume in 2014 and for the first half of 2015.

SANTA CLARA, CA and BEIJING, CHINA – January 28, 2016 – OmniVision Technologies, Inc. (OVTI), a leading developer of advanced digital imaging solutions, and a consortium composed of Hua Capital Management Co., Ltd., CITIC Capital Holdings Limited and Goldstone Investment Co., Ltd.(collectively, the “Consortium”) today announced that the Consortium has completed the previously announced acquisition of OmniVision. As a result of the completion of the acquisition, trading of OmniVision common stock on the NASDAQ Global Select Market will be halted before the opening of the market today and will be suspended effective as of the close of business today. Under the terms of the definitive agreement regarding the acquisition of OmniVision, OmniVision stockholders will receive $29.75 per share in cash, or a total of approximately $1.9 billion.

About OmniVisionOmniVision Technologies, Inc. is a leading developer of advanced digital imaging solutions. Its CameraChip™ and CameraCubeChip™ products are highly integrated, single-chip CMOS image sensors for consumer and commercial applications, including mobile phones, tablets and entertainment devices, notebooks and webcams, security and surveillancesystems, digital still and video cameras, automotive and medical imaging systems. Additional information is available at www.ovt.com.

Legal Notice Regarding Forward-Looking StatementsThis communication contains not only historical information, but also forward-looking statements made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include information concerning possible or assumed future results of operations of OmniVision. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects," "intends," "forecasts," "should," "estimates," "contemplate," "future," "goal," "potential," "predict," "project," "projection," "may," "will," "could," "should," "would," "assuming" and similar expressions are intended to identify forward-looking statements. You should read statements that contain these words carefully. They discuss OmniVision’s future expectations or state other forward-looking information and may involve known and unknown risks over which OmniVision has no control. Forward-looking statements speak only as of the date of this communication or the date of any document incorporated by reference in this document. Except as required by applicable law or regulation, OmniVision does not undertake to update these forward-looking statements to reflect future events or circumstances.

MILPITAS, Calif.,Dec. 7, 2015/PRNewswire/ -- Integrated Silicon Solution, Inc. (NASDAQ:ISSI) today announced that its previously announced acquisition by Uphill Investment Co. has been completed. Under the terms of the merger agreement, ISSI stockholders will receive$23.00per share in cash. As a result of the closing of the transaction, trading in ISSI common stock on the NASDAQ Stock Market will cease today.

About ISSI

ISSI is a fabless semiconductor company that designs and markets high performance integrated circuits for the following key markets: (i) automotive, (ii) communications, (iii) industrial, and (iv) digital consumer. ISSI's primary products are high speed and low power SRAM and low, and medium and high density DRAM. ISSI also designs and markets NOR flash products and high performance analog and mixed signal integrated circuits. ISSI is headquartered in Silicon Valley with worldwide offices inTaiwan,Japan,Singapore,China,Europe,Hong Kong,India, and Korea. Visit ISSI's web site atwww.issi.com.

SANTA CLARA, CA – April 30, 2015 – OmniVision Technologies, Inc. (OVTI), a leading developer of advanced digital imaging solutions, today announced that it has entered into a definitive agreement to be acquired by a consortium composed of Hua Capital Management Co., Ltd. (“Hua Capital Management”), CITIC Capital Holdings Limited (“CITIC Capital”),and GoldStone Investment Co., Ltd (“GoldStone Investment”) (collectively, the “Consortium”). Under the terms of the agreement, OmniVision stockholders will receive $29.75 per share in cash, or a total of approximately $1.9 billion. The agreement was unanimously approved by OmniVision’s Board of Directors.

SHANGHAI, BEIJING, and MILPITAS, Calif., March 12, 2015 -- Integrated Silicon Solution, Inc. (Nasdaq: ISSI), a global fabless semiconductor company, and a Chinese consortium of investors today jointly announced that they have entered into a definitive merger agreement under which the Consortium will acquire all of the outstanding shares of ISSI for US$19.25 per share in cash. The proposed transaction values ISSI's equity at approximately US$639.5 million, on a fully diluted basis.

The transaction is subject to approval by the stockholders of ISSI, as well as antitrust and other regulatory approvals. As part of the transaction, the merger agreement contemplates that, in connection with the closing of the merger, ISSI's operations in Taiwan will be restructured or some or all of ISSI's Taiwan operations will be sold as necessary to comply with the requirements of Taiwan laws and regulations. The Chinese consortium members also include Hua Capital, SummitView Capital, eTown MemTek Ltd., and Huaqing Jiye.

In December, 2013, Beijing as the first city in China to do so, announced the founding of a Semiconductor Industry Development Fund with a total amount of CNY 30 billion. Selection of fund management companies closed by June 3, 2014. According to the results released by China International Engineering Consulting Corporation, Prosperity Investment Co., LTD is designated as the management company for the mother fund and the manufacture and equipment fund, and Hua Capital is designated as the management company of the design and testing fund.